Tag Archives: Altcoin News

Ethereum price declined heavily below the key $220 support area against the US Dollar.ETH price tested the $190 area and it is currently consolidating losses below $205.There is a short term contracting triangle forming with resistance near $204 on the 4-hours chart (data feed from Coinbase).The price is likely to facing a lot of hurdles on the upside near the $211 and $220 levels in the near term.Ethereum price is now trading in a bearish zone against the US Dollar. ETH/USD could correct...

Bitcoin – the number one cryptocurrency by market cap – has taken another ugly fall at the time of writing, and many are blaming Coinbase CEO Brian Armstrong and his latest string of comments.BTC Takes a Nosedive Thanks to Brian ArmstrongAt press time, bitcoin is trading for just over $8,300, meaning it has lost another $600 over the past 24 hours. Armstrong is now saying that it probably won’t be bitcoin that pushes the cryptocurrency arena forward, but rather a list of emerging altcoins...

Stellar lumen price is down more than 8% and it broke the key $0.0550 support against the US Dollar.XLM price is currently consolidating losses near the $0.0500 level.There is a key bearish trend line forming with resistance near $0.0580 on the 4-hours chart (data feed via Kraken).The pair is likely to extend losses if there is a clear break below the $0.0500 support area.Stellar lumen price is plunging and it broke many key supports against the US Dollar and bitcoin. XLM price could either...

Ripple price declined heavily below the key $0.2240 support area against the US dollar.The price is down more than 10% and it is now trading near the $0.2000 support area.There was a break below a major ascending channel with support near $0.2350 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains at a risk of more losses if it fails to stay above the $0.2000 support area.Ripple price is now back in a bearish zone below $0.2200 against the US Dollar. XRP price...

South Korea is getting an addition to its crypto hub. The country is unveiling new digital ATMs that will allow people to exchange won – the country’s national fiat – for Litecoin (LTC), the sixth-largest cryptocurrency by market cap.Litecoin Is Getting a Nice BoostSouth Korea, at one point, was one of the largest crypto havens across the globe. It accounted for roughly one-quarter (25 percent) of the world’s cryptocurrency transactions. However, the nation has since taken on a very strict...

Are we about to see some major changes coming to Libra?Libra Is Taking On a Whole New FormThe words “changes coming” probably aren’t entirely accurate, as Libra has not been released to the public just yet, though up to this point, the currency has widely been suggested as a single asset rather than a string of combined ones making up a payment network. This is the form that Libra executives now say the project will take on.Libra was originally going to be a stable currency supported by...

Elon Musk is at it again and potentially trying to yank the chains of every cryptocurrency holder out there – especially those possessing Dogecoin.Elon Musk Is At It AgainIn a recent series of tweets, Musk expressed his enthusiasm over the prank currency, stating that, “dogs rock” and “they have the best coin.” Clearly, he sees something in Dogecoin that many others do not, but is he being serious?This isn’t the first time Elon Musk has potentially tied himself to the world’s “funniest”...

Litecoin price declined below the $60.00 level before it found support near $56.00 against the US Dollar.LTC price is currently correcting higher above $60.00, but it is facing a lot of hurdles.There is a major declining channel is forming with resistance near $61.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either rally towards the $68.00 level or it might restart its decline below $58.00.Litecoin price is trading near a major breakout zone against the...

ADA price started a major decline and traded below the $0.0520 support against the US Dollar.The price traded as low as $0.0450 and it is currently correcting higher.There is a key bearish trend line forming with resistance near $0.0515 on the 4-hours chart (data feed via Kraken).The price could resume its decline if it fails to recover above the $0.0515 and $0.0520 resistance levels.Cardano price is facing an increase in selling pressure against the US Dollar and bitcoin. ADA price must...

The Reserve Bank of Australia (RBA) says its ready to do all it can to regulate Libra and any other new “payment technologies” that make their way through the country’s borders.A Test Version of Libra Is Made AvailableAustralia has been particularly hard towards Libra in the past, citing trust issues and even hinting that the platform was going to face hardcore scrutiny due to a largely unwelcoming attitude. This latest statement suggests that Australia may be giving into the idea that Libra...